Statement of Income

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Statement of income (million €)

 

 

1st quarter

 

 

2018

2017

Change in %

Sales revenue

 

16,646

16,857

(1)

Cost of sales

 

(11,259)

(11,482)

2

Gross profit on sales

 

5,387

5,375

0

 

 

 

 

 

Selling expenses

 

(1,988)

(2,017)

1

General administrative expenses

 

(344)

(343)

(0)

Research and development expenses

 

(428)

(424)

(1)

Other operating income

 

715

307

133

Other operating expenses

 

(909)

(598)

(52)

Income from companies accounted for using the equity method

 

88

151

(42)

Income from operations (EBIT)

 

2,521

2,451

3

 

 

 

 

 

Income from other shareholdings

 

12

10

20

Expenses from other shareholdings

 

(5)

(5)

–

Net income from shareholdings

 

7

5

40

Interest income

 

50

74

(32)

Interest expenses

 

(118)

(153)

23

Interest result

 

(68)

(79)

14

Other financial income

 

10

19

(47)

Other financial expenses

 

(135)

(97)

(39)

Other financial result

 

(125)

(78)

(60)

Financial result

 

(186)

(152)

(22)

 

 

 

 

 

Income before taxes and minority interests

 

2,335

2,299

2

Income taxes

 

(577)

(527)

(9)

Income before minority interests

 

1,758

1,772

(1)

 

 

 

 

 

Minority interests

 

(79)

(63)

(25)

Net income

 

1,679

1,709

(2)

 

 

 

 

 

Earnings per share

 

 

 

 
Basic €

 

1.83

1.86

(2)
Diluted €

 

1.83

1.86

(2)